Use a licensed money changer or bank in Kuala Lumpur, and check the provider’s licence status before handing over cash. Ask for the exchange rate and receipt at the counter, and check Malaysia’s cash declaration and Ringgit rules before crossing the border with cash or bearer negotiable instruments.
In short
- Declare cash or bearer instruments when carrying more than USD 10,000.00 equivalent across Malaysia’s border.
- Travellers entering or leaving Malaysia must use Customs Form No. 7 to declare cash and bearer instruments when a declaration is required.
- CIMB Forex is marked on the Suria KLCC mall map with code G35A.
At a glance
6 places · swipe
- 01Choose a legal providerIn Malaysia, foreign-currency transactions are allowed through licensed money services business providers.
02Check a provider’s licenceMSB licensees can be found by company name, address, HQ or branch.
03Find an exchange locationAccess Smartstreet Sdn.
04Complete the exchange safelyMoney changers are to issue you official receipts for each money-changing transaction.- 05Declare cash at the borderTravellers entering or leaving Malaysia must declare cash or bearer negotiable instruments, including…
- 06Check Ringgit import rulesFor a Ringgit import or export application, complete the CN-RM form.
Choose a legal provider
Who may trade
In Malaysia, foreign-currency transactions are allowed through licensed money services business providers. Among the permitted providers are licensed commercial banks.
Licensed money services
Money services businesses may offer money-changing, remittance, wholesale currency, or a combination of these services. You can obtain and exchange foreign currencies at licensed money changers located throughout the country.
Principal and agents
Approved MSB agents can be found by company name, address, principal or by services offered. A principal MSB licensee is a licensee that has obtained written approval of the Bank to appoint an MSB agent.
Check a provider’s licence
Finding MSB licensees
MSB licensees can be found by company name, address, HQ or branch.
Check a listed business
The holder of a Money Changing (Class C) licence is E-Globex Sdn. Bhd.
Find an exchange location
Provider addresses
Access Smartstreet Sdn. Bhd.'s address is 179, Jalan Imbi, 55100 Kuala Lumpur. Access Smartstreet Sdn. Bhd. is in Kuala Lumpur.
Suria KLCC counters
At Suria KLCC, CIMB Forex is at G35A, while Lulu Money is at C41B. SM Money Exchange is at C03.
Other mall counters
At Mid Valley are My Money Master at LG-040, Max Money at LG-041, and KL Remit Exchange at LG-042. Mid Valley also has Maybank at LG-082 and JAGS Money at LG-089C.
Complete the exchange safely
Keep the receipt
Money changers are to issue you official receipts for each money-changing transaction. Keep the receipt with your exchanged cash.
Raise a complaint
You can address complaints about money changers to Bank Negara Malaysia.
Use the local currency
BNM is the sole issuer of Ringgit banknotes and coins, and Ringgit is the only legal tender in Malaysia.
Declare cash at the border
Who must declare
Travellers entering or leaving Malaysia must declare cash or bearer negotiable instruments, including traveller’s cheques and bearer cheques. This applies to all travellers, regardless of nationality, when the amount exceeds the threshold.
Submit the declaration
- Collect Customs Form No. 7 at the counters at Malaysia’s entry and exit points.
- Forms are available at counters before the Customs Checkpoints.
- Submit the completed form to a Customs officer on duty.
Consequences of failure
Failure to declare is an offence and can lead to fines and confiscation. A person convicted of violating the conditions may be fined up to MYR 3 million.
Pay customs duties
At passenger duty counters of the Royal Malaysian Customs Department, payment can only be made by Debit Card/Credit Card.
Check Ringgit import rules
Apply for approval
For a Ringgit import or export application, complete the CN-RM form. If your MYR import or export is above the threshold, apply through the Bank Negara Malaysia (BNM) website for prior written approval; processing takes a few working days from the date the completed documents are submitted.
Declare approved Ringgit
After obtaining approval from Bank Negara Malaysia, declare the Ringgit using Customs Form No. 7. BNM approval does not remove the declaration requirement.
Approval requirement
For Ringgit above the threshold, you need written approval of Bank Negara Malaysia to bring it into or take it out of Malaysia. This requirement applies to Ringgit imports and exports.
Fares checked November 2026.